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Small Business Administration forgives 1.1 million PPP loans

In NJ, more than 150,000 small businesses and nonprofits received forgivable loans.

01/13/2021

NJ Spotlight News

Small Business Administration forgives 1.1 million PPP loans

Clip: 1/13/2021 | 2m 21sVideo has Closed Captions

In NJ, more than 150,000 small businesses and nonprofits received forgivable loans.

Many businesses that received PPP loans from the federal government won’t have to repay any of the money. The Small Business Administration says it has forgiven 1.1 million loans for a total of $100 billion. In New Jersey, more than 150,000 small businesses and nonprofits received forgivable loans.

01/13/2021

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